Pulsar Helium and Chart Industries to collaborate on carbon capture

The agreement sets out the following principal terms for how the parties could work together, which would be further detailed in a master services agreement to be entered into:

• Pulsar would agree to purchase the Chart carbon capture solution to capture helium and CO₂ from Topaz, allowing Pulsar to monetise these products, whilst also reducing its emissions.
• Under the terms of the agreement, Chart will complete engineering studies and provide helium and CO₂ plant and storage recommendations for Pulsar.

Thomas Abraham-James, President and CEO of Pulsar, commented: “We are thrilled to have signed an Agreement with Chart Industries, the gold standard when it comes to gas processing equipment. We look forward to working towards the signing of a master service agreement and utilising this impressive technology. This development is one of great significance for Pulsar, as it is in line with our commitment to realise production at Topaz whilst monetising both its helium and CO₂ products, all while reducing emissions. The additional benefit of Earthly Labs and Chart carrying out engineering studies means that we will reduce third-party costs, while reducing risk and time-to-value.”

The agreement states that Keewaydin Resources Inc. and Earthly Labs will work together to enter into a binding agreement under which Earthly Labs will sell its CiCi (Elm) carbon capture solution to Keewaydin Resources Inc. The CiCi (Elm) solution includes CO₂ capture, purification and liquefaction technology, commissioning, and training.

Under the terms of the agreement, Earthly Labs will complete an engineering study for a CO₂ plant, which will include P&ID and heat, material balance and helium recoveries. Chart will provide recommendations on a helium plant design and CO₂ storage tanks made in Minnesota.

Read the article online at: https://www.hydrocarbonengineering.com/the-environment/21112024/pulsar-helium-and-chart-industries-to-collaborate-on-carbon-capture/